Matthews Korea Active ETF (NYSEARCA:MKOR) Sees Significant Growth in Short Interest

Matthews Korea Active ETF (NYSEARCA:MKOR) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 36,234 shares, a growth of 416.7% from the June 30th total of 7,012 shares. Approximately 1.6% of the company’s stock are short sold. Based on an average daily trading volume, of 27,181 shares, the short-interest ratio is currently 1.3 days.

Matthews Korea Active ETF Stock Performance

Shares of NYSEARCA MKOR traded down $2.45 during mid-day trading on Friday, reaching $56.32. The company had a trading volume of 10,649 shares, compared to its average volume of 24,690. Matthews Korea Active ETF has a twelve month low of $26.78 and a twelve month high of $72.96. The stock’s 50 day moving average is $63.01 and its 200-day moving average is $52.83. The stock has a market capitalization of $129.54 million, a PE ratio of 11.30 and a beta of 1.56.

Institutional Investors Weigh In On Matthews Korea Active ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Western Wealth Management LLC bought a new stake in shares of Matthews Korea Active ETF in the 1st quarter valued at approximately $84,000. Advisory Services Network LLC bought a new stake in Matthews Korea Active ETF in the third quarter worth approximately $91,000. Jane Street Group LLC acquired a new position in shares of Matthews Korea Active ETF during the 2nd quarter worth $388,000. OLD Mission Capital LLC increased its stake in shares of Matthews Korea Active ETF by 2.3% during the 4th quarter. OLD Mission Capital LLC now owns 32,649 shares of the company’s stock worth $1,123,000 after purchasing an additional 728 shares during the last quarter. Finally, Susquehanna International Group LLP raised its holdings in shares of Matthews Korea Active ETF by 278.3% during the 3rd quarter. Susquehanna International Group LLP now owns 75,199 shares of the company’s stock valued at $2,271,000 after purchasing an additional 55,323 shares in the last quarter.

Matthews Korea Active ETF Company Profile

The Matthews Korea Active ETF (MKOR) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of South Korean, large- and mid-cap companies that are fundamentally screened for sustainable growth. MKOR was launched on Oct 29, 2010 and is issued by Matthews.